John Nash,the mathematician responsible for the Nash equilibrium,also proved that any reasonable bargaining outcome would
A)Split the gains from trade
B)Allocate the gains from trade to the seller
C)Allocate the gains from trade to the buyer
D)All of the above

Question

​John Nash,the mathematician responsible for the Nash equilibrium,also proved that any reasonable bargaining outcome would
A)​Split the gains from trade
B)Allocate the gains from trade to the seller
C)Allocate the gains from trade to the buyer
D)​All of the above

Quizplus · Accepted Answer

John Nash's bargaining solution states that any reasonable bargaining outcome would split the gains from trade between the seller and the buyer. This means that both parties would receive a fair share of the benefits resulting from the trade agreement. Therefore, choice A is the correct answer as it aligns with Nash's proposition.

​John Nash,the Mathematician Responsible for the Nash Equilibrium,also Proved That

John Nash,the Mathematician Responsible for the Nash Equilibrium,also Proved That